Brendon Thorne/Bloomberg
MELBOURNE: After winning over some of the biggest retirement plans in the United States, private credit managers have found new fertile ground for their investment pitch: Australia’s US$2.3 trillion (RM10.07 trillion) pension industry.
Four of the top-10 pensions Down Under – Australian Retirement Trust, HostPlus, UniSuper and Colonial First State – are making significant increases to their private credit allocations, according to recent statements and interviews with Bloomberg News.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
